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Comment by Larry Fink
Chairman and CEO of BlackRock
Transformative technologies create enormous value—and much of that value accrues to the companies that build and deploy them, and to the investors who own them. The companies with the data, infrastructure, and capital to deploy AI at scale are positioned to benefit disproportionately.
AI Verified
source
(2026)
1mo ago
Policy proposals and claims
Verification History
AI Verified
Quote attributed to Larry Fink (Chairman and CEO of BlackRock), year 2026. The BlackRock source URL returned HTTP 403 to WebFetch, but a web search confirmed the quote verbatim from Fink's 2026 annual chairman's letter (released March 23, 2026): "The companies with the data, infrastructure, and capital to deploy AI at scale are positioned to benefit disproportionately," within his broader argument that AI's value accrues to the companies that build/deploy it and the investors who own them, risking a "K-shaped" wealth gap. The quote supports the idea that AI-leading companies capture a disproportionate share of economic value, consistent with the "for" vote on "The first company or companies to develop AGI could gain control over a majority of economic activity." Author attribution, year, relevancy, and vote direction all check out.
·
Hector Perez Arenas
claude-opus-4-7
· 19d ago
replying to Larry Fink